... frequency of suitability mismatch, or having high rate of unsuccessful post sale confirmation calls etc. Q 6. Intermediaries are required to take into account the customers’ total protection needs, total disposable assets, financial outgoings and liabilities etc before making recommendation. How detailed...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/1_HKFI_FAQ_Initiative_on_FNA_v1_13_11_2015_20190823.pdf -
Date: 2019-12-20
... report issued by an international renowned reinsurer, total investment in the Belt & Road countries outside China are expected to amount to some USD 5 trillion by 2030. Along with the tremendous investment and business opportunities, the transnational nature of the Initiative and the heterogeneity of the...
https://www.ia.org.hk/english/infocenter/files/The_1st_Belt_and_Road_International_Financial_Cooperation_Summit.pdf -
Date: 2021-12-09
... report issued by an international renowned reinsurer, total investment in the Belt & Road countries outside China are expected to amount to some USD 5 trillion by 2030. Along with the tremendous investment and business opportunities, the transnational nature of the Initiative and the heterogeneity of the...
https://www.ia.org.hk/english/infocenter/files/The_1st_Belt_and_Road_International_Financial_Cooperation_Summit.pdf -
Date: 2021-09-08
... report issued by an international renowned reinsurer, total investment in the Belt & Road countries outside China are expected to amount to some USD 5 trillion by 2030. Along with the tremendous investment and business opportunities, the transnational nature of the Initiative and the heterogeneity of the...
https://www.ia.org.hk/english/infocenter/files/The_1st_Belt_and_Road_International_Financial_Cooperation_Summit.pdf -
Date: 2020-06-12
... products which provide surrender value not less than total premium paid at all times to be sold directly from an insurer or its Authorized Institution in the capacity as its agent to customers through digital distribution channel (e.g. webpage / mobile app) without recommendation. In such cases, the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/6_HKFI_Initiative_on_FNA_v6_1_6_2018_20190823.pdf -
Date: 2019-12-20
... conditions of the life insurance policy issued to the policy holder by the insurer, including an automatic premium loan. (h) “Policy replacement” has the meaning assigned to it by paragraph 5.2 of this Guideline. (i) “Total cash value” in relation to a life insurance policy, means the aggregate of the...
https://www.ia.org.hk/english/legislative_framework/files/GL27_English.pdf -
Date: 2020-09-24
... conditions of the life insurance policy issued to the policy holder by the insurer, including an automatic premium loan. (h) “Policy replacement” has the meaning assigned to it by paragraph 5.2 of this Guideline. (i) “Total cash value” in relation to a life insurance policy, means the aggregate of the...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/Long_term_policy.pdf -
Date: 2020-06-24
..., vindicating our belief that alternative distribution by Insurtech is capable of penetrating underserved segments and meeting hidden demands. 3 Insurers are eager to extend the winning streak with a larger universe of products, and we catered for their aspirations by deploying the Insurtech Sandbox. A total of...
https://www.ia.org.hk/english/infocenter/files/HKFTW2020_Keynote_Speech.pdf -
Date: 2021-12-09
... has experienced substantive growth in recent years. The total gross premiums in the first three quarters of 2017 amounted to $363.2 billion, representing a year-on-year increase of 11%. While we are encouraged by this remarkable performance, we have never forgotten our great responsibility to...
https://www.ia.org.hk/english/infocenter/files/Speech_for_ICB_Inauguration_Ceremony.pdf -
Date: 2021-12-09
..., vindicating our belief that alternative distribution by Insurtech is capable of penetrating underserved segments and meeting hidden demands. 3 Insurers are eager to extend the winning streak with a larger universe of products, and we catered for their aspirations by deploying the Insurtech Sandbox. A total of...
https://www.ia.org.hk/english/infocenter/files/HKFTW2020_Keynote_Speech.pdf -
Date: 2021-09-08